USDCAD 240 Short – RSI and PA breaks
Good breaks in RSI and PA trendlines. We are in a wide channel since 12 July 2019, and although it did not hit the top of the channel a downturn may occur.
Here it is on the 1D showing a resistance trendline, and where my TP comes from.
Here it is on the 1D showing a resistance trendline, and where my TP comes from.
Trade active
Trade closed: stop reached
….that’ll teach me to ignore US housing starts….
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.